Oireachtas Banking Inquiry to hold inaugural meeting

18/06/2014

The Committee, which has been tasked with preparing a detailed proposal for the banking inquiry, will hold its first meeting in private tomorrow, Thursday, 19th June, 2014.

Chairman Designate Ciaran Lynch TD: “Now that the membership of the Joint Committee of Inquiry has been completed, the Committee will hold its first meeting in private session tomorrow. The Joint Committee will be responsible initially for preparing a detailed proposal for a Banking Inquiry including terms of reference for submission to the Committees of Procedure and Privileges (CPP) of both Houses. It is then a matter for the Committee on Procedures and Privileges and the Houses to approve the Inquiry proposal and confirm the Committee membership.

“There are practical issues that the Committee will need to take into account and decide on in preparing its proposal. Tomorrow, the Committee will be briefed on legal, procedural, administrative, logistical and communications issues. It will also hold a preliminary discussion on the development of a proposal to the CPPs.

“This is the first time that an inquiry of this type will be carried out under the legislation Houses of the Oireachtas (Inquiries, Privileges and Procedures) Act 2013. I believe that we have a real opportunity to demonstrate that Parliament can carry out a fair and balanced inquiry into events that impacted so heavily on Ireland and the Irish people.”

Ends

Note to the editor:

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